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R11,999,000

Monthly Bond Repayment R117,787.39
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Monthly Rates
R4,670

5 Bedroom House For Sale in Margate

On the Rocks- House Bennett is a five-level, Art-deco style home that offers the perfect fusion of striking modern architectural design and unique interior design. Glitz and glamour with the roar the Indian ocean welcomes you as you enter the front door of this magnificent property situated on the luscious established coast line of Margate. As you enter this beautiful home marble steps lead to an open plan lounge family room with a designer kitchen and bar area. The bar area leads out onto a covered patio, with a built in gas braai and cocktail pool to spend that long summer days overlooking the ocean. All living areas with its unique flair create a separate yet open plan feel that merges indoor and outdoor living. Large glass doors seamlessly integrate the spacious living areas not compromising the beautiful ocean views.


All five bedrooms, each with their own en-suite, are cleverly nestled away from the living areas to ensure private and tranquil rooms leading out to balconies with sea views and garden. The efficient layout of the property is ideally suited to be run as a guesthouse with commercial zoning in place and 3 phase electricity. Staff quarters are located on the side of the property for easy access to the scullery and kitchen. The luxurious home offers several features such as: a state of the art alarm with outside perimeter beams, intercom system, surveillance cameras central control panel to control lighting. Built in elevator makes access possible to all levels from the 3 bay basement garage. All furniture except for a few personal items are included in the selling price.

Features

5
6
3
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
6
Reception Rooms
3
Exterior
Garages
3
Carports / Parkings
2
Security
Yes
Domestic Accommodation
1
Pool
Yes
Views
Yes
Sizes
Floor Size
1,000m²
Land Size
1,155m²
Extras
2nd Kitchen, Bar Room, Lift / Escalator, 3 Phase Electricity, Balconies: 5, Covered Patios: 6
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

117,787.39

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